VBS Bank's ex-finance boss Phillip Truter pleads guilty

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Deutschland Nachrichten Nachrichten

Former VBS Mutual Bank CFO Phillip Truter on Wednesday pleaded guilty to six counts related to looting of funds at the bank.

Truter was the eighth suspect who appeared in the Johannesburg Specialised Commercial Crimes Court, sitting at the Palm Ridge magistrate's court, in connection with looting of the bank.

When he made his first appearance in July, Truter indicated he intended pleading guilty to the charges he was facing. He faces two counts of fraud, and a count each of money laundering, corruption, racketeering and failure to submit a tax return. The prosecution on Wednesday first requested a separation of trials in respect of Truter, and the court granted the application.

Truter reached a plea and sentence agreement with the state, whereby he pleaded guilty to all six counts.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

MphahleleSilas it's raining mokone

He Should Tell Us More About Other Actors In The Looting!

DrShakes_SD SA is busy,they cleaning!!!

Reduced sentence to turn state witness *Grabs popcorn in anticipation*

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 28. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Gauteng company at centre of PPE tender storm unable to pay staff as bank accounts frozenAt least one of the 40 Gauteng companies linked to Covid-19 PPE corruption could not pay its employees after its bank account was frozen.
Herkunft: IOL - 🏆 46. / 51 Weiterlesen »